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Describe the Tools That Governments Use to Influence Aggregate Demand

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Essay

Describe the tools that governments use to influence aggregate demand.


Definitions:

Proprietorship

A business owned by one individual.

Personal Assets

Personal assets include all property owned by an individual that has value, such as cash, real estate, investments, and personal belongings.

Liabilities

Financial obligations or debts that a company owes to others, recorded on the right side of the balance sheet.

Equity

The rights of the owners of a business.

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